BetterCloud Raises $5 Million for Google Apps Cloud Management Tools
January 15, 2013
Grazed from TalkinCloud. Author: Chris Talbot.
Google Apps developer BetterCloud, which launched into the Google Apps Marketplace about six months ago, has received $5 million in financing to develop better cloud management and security tools for Google (NASDAQ: GOOG) Apps users.
The round of financing was led by Flybridge Capital Partners, but also included Greycroft Partners and TriBeCa Venture Partners, as well as continued support from existing investors Bear Creek Capital and BLH Venture Partners. BetterCloud plans to use the cash to develop stronger cloud management and security tools while also accelerating the adoption of cloud services. That’s according to the company, which so far has raised a total of $7.2 million in financing…
BetterCloud’s flagship product is FlashPanel, a directory management and Google Drive security application that was designed to provide Google Apps administrators with added controls, visibility and automation. Additionally, BetterCloud powers Ask the Gooru, a provider of free Google Apps training videos…
Read more from the source @ http://talkincloud.com/cloud-computing-funding-and-finance/bettercloud-raises-5-million-google-apps-cloud-management-tools